Athleta's reactive business model allows the Gap-owned activewear retailer to correctly price products, control inventory levels, only create styles that shoppers want to buy and, ultimately, avoid discounting, CEO Nancy Green said. Athleta is bringing in new customers and opening new stores, and remains a strong part of Gap's portfolio.
Big shoe brands including Nike and Adidas are speeding up sneaker releases to meet growing demand from Gen Z consumers, but it can be hard for smaller retailers to keep up with the quickening pace of the sneaker market. As a result, smaller merchants are focusing on the shopping experience with efforts such as two-store retailer Sole Classics' vending machines and its bar with a daily happy hour.
The redesigned Chevrolet Corvette is gaining notice for its mid-engine design, but there are other aspects to note, including its aluminum body structure, a stiffer body made possible by high-pressure die casting and advances in its cooling system. Production will begin this year in Kentucky.
Google has launched its "Shopping" platform in the US. The platform, announced earlier this year, uses web activity and browsing history to make personalized product recommendations and offer deals with exclusive retail partners.
Amazon's May announcement that the e-commerce giant would be testing 3D body scanning technology for product design purposes has raised some concerns about data privacy. One concern is that Amazon's business expands well beyond apparel into many different categories, Forrester analyst Sucharita Kodali said.
Seven-year-old e-commerce brand Naked Wardrobe has grown on a fast-fashion model while stressing quality and comfort and using big-name influencers like Khloe Kardashian. The company is now looking to grow beyond its fast-fashion roots with a series of pop-up shops and new category launches including statement pieces.
Bulgari's new store at the Istanbul Airport is its largest airport store in Europe. It is the jewellery brand's first airport store to include a VIP private salon area for high-spending shoppers.
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